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  • Mattias Östberg

    Group Management Assistant


    Uddevägen 3 291 54 Kristianstad
    +46(0)44-20 70 45
    http://www.bong.com

    • Quotes

    Bong has during the last year completely restructured the company and reduced the number of sites and personnel drastically in order to have a more lean and effective organization to be competitive in the tough envelope market. The rapid increase in paper prices from suppliers during the last year has successfully been passed on to the market to restore our margins. The turnaround is already seen in the figures and our goal to make profit on bottom line for 2016 is still valid
    Stéphane Hamelin
    Bong has successfully implemented its ambitious restructuring plan. Fixed costs have been drastically reduced and our factories are now running at full capacity. Despite increased inventories during the restructuring program, Bong’s service was in some cases not at the expected level; It is now restored. The recent closures of many envelope grade paper mills have resulted in continuous price increases from our suppliers. Bong is successfully passing them on to the market. In the new packaging organisation, the gift bag is performing well and we see a promising growth.
    Stéphane Hamelin
    The majority of Bong’s large restructuring program was launched during 2014 and is proceeding according to plan. The remaining part will be implemented before end of second quarter 2015 and we expect full effect of all initiatives in 2016. Despite high costs for restructuring, we achieved a positive cash flow in 2014 which secures the financing of the remaining restructuring costs and other extraordinary costs. With fewer and more efficient factories we expect further reductions in our working capital in the coming years. Our goal is to return to profit on bottom line latest 2016.
    Stéphane Hamelin, CEO
    The rights issue last summer helped to substantially strengthen the Group’s financial position,” says Bong’s President and CEO Anders Davidsson. ”The first positive effects from launched cost-cutting measures were visible already in the fourth quarter, in which operating expenses were clearly lower than previous year. We are now continuing to roll out our new comprehensive restructuring programme at a rapid pace.
    Anders Davidsson
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    Interim Report Q3, January-September 2024

    July – September 2024 · Net sales decreased to SEK 456 million (477) · Operating profit before depreciation decreased to SEK 19 million (28) · Operating profit decreased to SEK 1 million (8) · Earnings after tax amounted to SEK -13 million (-2) · Earnings per share amounted to SEK -0.06 (-0.01) · Cash flow from operating activities amounted to SEK 1 million (28) January – September 2024 · Net sales decreased to SEK 1,420 million (1,549) · Operating profit before depreciation decreased to SEK 88 million (96) · Operating profit decreased to SEK 30 million (40)

    Bong cancels repurchased notes

    Bong AB (publ) (“Bong”) has previously announced that it has repurchased own corporate outstanding notes (with ISIN SE0016829642) on the market. In total, repurchases for a nominal amount of SEK 58 million have been made. These repurchases have been financed with a bank loan and therefore Bong now cancels the repurchased notes in accordance with the terms and conditions of the notes originally dated 8 October 2021 and as amended on 1 October 2024. Thus, the outstanding nominal amount of the bond is SEK 52 million. Bong is one of the leading providers of envelope products in Europe

    Bong AB (publ) receives approval from the noteholders in the written procedure under its outstanding notes with ISIN SE0016829642

    Bong AB (publ) (the “Company”) today announces that it has received a sufficient number of votes from the noteholders of its outstanding notes issued in October 2021 with ISIN SE0016829642 (the “Notes”) in the written procedure initiated on 25 September 2024 (the “Written Procedure”), and that a sufficient majority has voted in favour of the proposal in the Written Procedure to amend the terms and conditions of the Notes. In the Written Procedure, the noteholders’ approval was sought regarding extending the tenor of the Notes and certain consequential changes relating thereto and the

    Bong makes bond repurchase

    Bong AB (publ) will make a repurchase of its own senior secured notes on the market. Bong has entered into purchase agreements with bondholders and the repurchase will be made on October 2[nd] to the nominal amount of SEK 30 million. In total, by the 2[nd] of October repurchases will have been made to the nominal amount of SEK 58 million. Thus, the nominal outstanding amount of the senior secured notes is SEK 52 million. The repurchase is related to the company’s own bond loan with an outstanding nominal amount before the repurchase of 110 MSEK which Bong issued in October 2021 with a 3

    Bong AB (publ) initiates a written procedure in order to amend the terms and conditions of the outstanding notes with ISIN SE0016829642

    Bong AB (publ) (the “Company”) announces today that it has initiated a written procedure (the ”Written Procedure”) among the noteholders of its outstanding notes issued in October 2021 with ISIN SE0016829642 (the “Notes”), in accordance with the terms and conditions of the Notes, by instructing Nordic Trustee & Agency AB (publ) (the “Agent”), as agent under the Notes, to send a notice of Written Procedure including voting instructions to directly registered owners and registered nominees of the Notes in the Company’s debt register maintained by Euroclear Sweden as of 24 September 2024.

    Bong makes bond repurchase

    Bong AB (publ) will make a repurchase of its own senior secured notes on the market. Bong has entered into purchase agreements with bondholders and the repurchase will be made on October 2[nd] to the nominal amount of SEK 23 million. The repurchase is related to the company’s own bond loan with an outstanding nominal amount before the repurchase of SEK 110 million which Bong issued in October 2021 with a 3 year tenure at the interest rate of Stibor (3m) +10 %. The senior secured notes are listed on Nasdaq Stockholm’s Corporate Bonds List with ISIN: SE0016829642. Bong is one of the

    Bong makes bond repurchase

    Bong AB (publ) has made a repurchase of its own senior secured notes on the market. The repurchase was made to the nominal amount of SEK 5 million. The repurchase is related to the company’s own bond loan with an outstanding nominal amount before the repurchase of 110 MSEK which Bong issued in October 2021 with a 3 year tenure at the interest rate of Stibor (3m) +10 %. The senior secured notes are listed on Nasdaq Stockholm’s Corporate Bonds List with ISIN: SE0016829642. Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and

    Interim Report Q2, January-June 2024

    April – June 2024 · Net sales decreased to SEK 456 million (497) · Operating profit before depreciation increased to SEK 30 million (29) · Operating profit amounted to SEK 10 million (10) · Earnings after tax amounted to SEK -3 million (-5) · Earnings per share amounted to SEK -0.02 (-0.02) · Cash flow from operating activities amounted to SEK -19 million (-3) January – June 2024 · Net sales decreased to SEK 964 million (1,072) · Operating profit before depreciation increased to SEK 69 million (68) · Operating profit decreased to SEK 29 million (32) ·

    Annual General Meeting in Bong AB

    Bong AB has today, 15 May 2024, held the annual general meeting at Mangold Fondkommission AB at Nybrogatan 55 in Stockholm.The following resolutions were resolved by the annual general meeting. · The annual general meeting adopted the annual and consolidated accounts and resolved that no dividend shall be paid, and that the results should be carried forward. · The annual general meeting resolved to discharge the board of directors and the CEO from liability. · The annual general meeting resolved, in accordance with the nomination committee´s proposal, that the board shall consist

    Interim Report Q1, January-March 2024

    January – March 2024 · Net sales decreased to SEK 508 million (575) · Operating profit before depreciation amounted to SEK 39 million (39) · Operating profit decreased to SEK 19 million (22) · Earnings after tax amounted to SEK 1 million (8) · Earnings per share amounted to SEK 0.01 (0.04) · Cash flow after investing activities amounted to SEK 49 million (22) Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in

    Bong Annual Report 2023

    Bong’s Annual Report 2023 is now available at Bong’s website bong.com. For further information, please contact Carsten Grimmer, CFO for Bong AB.  Phone (switchboard) +46 44-20 70 00 This is information that Bong AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 19.15 CET on 24 April 2024. Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in the Group

    Notice to Annual General Meeting in Bong AB

    The shareholders of Bong AB reg. no. 556034-1579 are hereby invited to attend the annual general meeting on Wednesday 15 May 2024 at 13:00 CET at Mangold Fondkommission AB, Nybrogatan 55 in Stockholm.RIGHT TO ATTEND AND REGISTRATION MADE TO THE COMPANY Those who which to attend the annual general meeting shall firstly             be recorded in the share register kept by Euroclear Sweden AB as of Monday 6 May 2024, and secondly       no later than Wednesday 8 May 2024, notify the Company of their participation by sending a letter to Bong AB, att: “Annual General Meeting”, Box 516,

    Bong signs new contracts

    In the beginning of the year 2024 we were able to gain some great new sales contracts for our Light Packaging product range which will strongly support our road of transformation into a modern Light Packaging company. We signed contracts with fashion companies, large retailers, cosmetics companies, and large international distributors in several European countries. The additional on top sales volume for those contracts will be more than +50 MSEK. We are proud and happy about this success since it will help us to reach our strategic midterm goal of having a 50% sales share in Light Packaging.

    Year-end Report Q4, January-December 2023

    October – December 2023 · Net sales decreased to SEK 539 million (601) · Operating profit before depreciation decreased to SEK 39 million (60) · Operating profit decreased to SEK 4 million (43) · Earnings after tax amounted to SEK -7 million (22) · Earnings per share amounted to SEK -0.03 (0.11) · Cash flow after investing activities amounted to SEK 34 million (66) January – December 2023 · Net sales decreased to SEK 2,088 million (2,165) · Operating profit before depreciation decreased to SEK 135 million (165) · Operating profit decreased to SEK 44 million

    Interim Report Q3, January-September 2023

    July – September 2023 · Net sales decreased to SEK 477 million (527) · Operating profit before depreciation decreased to SEK 28 million (47) · Operating profit decreased to SEK 8 million (31) · Earnings after tax amounted to SEK -2 million (18) · Earnings per share amounted to SEK -0.01 (0.08) · Cash flow after investing activities amounted to SEK 22 million (2) January – September 2023 · Net sales decreased to SEK 1,549 million (1,564) · Operating profit before depreciation decreased to SEK 96 million (104) · Operating profit decreased to SEK 40 million (

    Interim Report Q2, January-June 2023

    April – June 2023 · Net sales decreased to SEK 497 million (517) · Operating profit before depreciation decreased to SEK 29 million (35) · Operating profit decreased to SEK 10 million (19) · Earnings after tax amounted to SEK -5 million (9) · Earnings per share amounted to SEK -0.02 (0.04) · Cash flow after investing activities amounted to SEK -15 million (11) January – June 2023 · Net sales increased to SEK 1,072 million (1,037) · Operating profit before depreciation increased to SEK 69 million (57) · Operating profit increased to SEK 32 million (25) ·

    Interim Report Q1, January-March 2023

    January – March 2023 · Net sales increased to SEK 575 million (520) · Operating profit before depreciation increased to SEK 39 million (22) · Operating profit increased to SEK 22 million (6) · Earnings after tax amounted to SEK 8 million (-5) · Earnings per share amounted to SEK 0.04 (-0.02) · Cash flow after investing activities amounted to SEK 22 million (-6) Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas

    Bong Annual Report 2022

    Bong’s Annual Report 2022 is now available at Bong’s website bong.com. For further information, please contact Carsten Grimmer, CFO for Bong AB.  Phone (switchboard) +46 44-20 70 00 This is information that Bong AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 19.45 CET on 19 April 2023. Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in the Group

    Notice to Annual General Meeting in Bong AB

    The shareholders of Bong AB reg. no. 556034-1579, are hereby invited to attend the Annual General Meeting on Wednesday 10 May 2023 at 13:00 CET at Comfort Hotel Malmö, Carlsgatan 10 C in Malmö.RIGHT TO ATTEND AND REGISTRATION MADE TO THE COMPANY Those who which to attend the Annual General Meeting shall firstly              be recorded in the share register kept by Euroclear Sweden AB as of Tuesday 2 May 2023, and secondly       no later than Thursday 4 May 2023, notify the Company of their participation by sending a letter to Bong AB, “Annual General Meeting”, Box 516, 291 25

    Year-end Report Q4, January-December 2022

    October – December 2022 · Net sales increased to SEK 601 million (507) · Operating profit before depreciation increased to SEK 60 million (47) · Operating profit increased to SEK 43 million (13) · Earnings after tax amounted to SEK 22 million (5) · Earnings per share amounted to SEK 0.11 (0.03) · Cash flow after investing activities amounted to SEK 66 million (58) January – December 2022 · Net sales increased to SEK 2,165 million (1,804) · Operating profit before depreciation increased to SEK 165 million (128) · Operating profit increased to SEK 98 million (

    Interim Report Q3, January-September 2022

    July – September 2022 · Net sales increased to SEK 527 million (430) · Operating profit before depreciation increased to SEK 47 million (25) · Operating profit increased to SEK 31 million (9) · Earnings after tax amounted to SEK 18 million (-3) · Earnings per share amounted to SEK 0.08 (-0.01) · Cash flow after investing activities amounted to SEK 2 million (-20). January – September 2022 · Net sales increased to SEK 1,564 million (1,297) · Operating profit before depreciation increased to SEK 104 million (80) · Operating profit increased to SEK 55 million (

    Interim Report Q2, January-June 2022

    April – June 2022 · Net sales increased to SEK 517 million (407) · Operating profit before depreciation increased to SEK 35 million (18) · Operating profit increased to SEK 19 million (2) · Earnings after tax amounted to SEK 9 million (-8) · Earnings per share amounted to SEK 0.04 (-0.04) · Cash flow after investing activities amounted to SEK 11 million (-11). January – June 2022 · Net sales increased to SEK 1,037 million (867) · Operating profit before depreciation increased to SEK 57 million (56) · Operating profit increased to SEK 25 million (24) ·

    Interim Report Q1, January-March 2022

    January – March 2022 · Net sales increased to SEK 520 million (460) · Operating profit before depreciation decreased to SEK 22 million (38) · Operating profit decreased to SEK 6 million (22) · Earnings after tax amounted to SEK -5 million (9) · Earnings per share amounted to SEK -0.02 (0.04) · Cash flow after investing activities amounted to SEK -6 million (32). Due to huge raw material price increases stock levels were increasing with a negative impact on our cash flow. In addition, we invested in further light packaging capacities. Bong is one of the leading

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